Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

RAIL VIKAS NIGAM Plunges 5%; BSE CAPITAL GOODS Index Down 2.5%
Fri, 25 Oct 12:28

RAIL VIKAS NIGAM Plunges 5%; BSE CAPITAL GOODS Index Down 2.5%Image source: asbe/www.istockphoto.com

RAIL VIKAS NIGAM share price has plunged 5% and is presently trading at Rs 421.8.

Meanwhile, the BSE CAPITAL GOODS index is at 66,235.5 (down 2.5%).

Among the top losers in the BSE CAPITAL GOODS index today are Finolex Cables (down 4.4%) and BHEL (down 4.4%).

Thermax (up 4.9%) is among the top gainers today.

Over the last one year, RAIL VIKAS NIGAM has moved up from Rs 157.6 to Rs 421.8, registering a gain of Rs 264.2 (up 167.7%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 46,119.3 to 66,235.5, registering a gain of 43.6% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 125.4%), Bharat Electronics (up 98.9%) and Siemens (up 98.0%).

Must See: These Segments are Witnessing Incredible Growth with Modi's Push

What About the Benchmark Indices?

The BSE Sensex is at 79,358.7 (down 0.9%).

The top losers among the BSE Sensex today are Indusind Bank (down 19.1%) and M&M (down 4.4%). The most traded stocks in the BSE Sensex are Tata Steel and Indusind Bank.

In the meantime, NSE Nifty is at 24,101.5 (down 1.2%). Indusind Bank and M&M are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,571.9 to 79,358.7, registering a gain of 14,786.8 points (up 22.9%).

RAIL VIKAS NIGAM Financial Update...

RAIL VIKAS NIGAM net profit fell 33.7% YoY to Rs 2,226 million for the quarter ended June 2024, compared to a profit of Rs 3,355 million a year ago. Net sales declined 26.9% to Rs 40,738 million during the period as against Rs 55,716 million in April-June 2023.

For the year ended March 2024, RAIL VIKAS NIGAM reported 17.3% increase in net profit to Rs 15,745 million compared to net profit of Rs 13,418 million during FY23. Revenue of the company grew 7.9% to Rs 218,892 million during FY24.

The current Price to earnings ratio of RAIL VIKAS NIGAM, based on rolling 12 month earnings, stands at 64.8.


Equitymaster requests your view! Post a comment on "RAIL VIKAS NIGAM Plunges 5%; BSE CAPITAL GOODS Index Down 2.5%". Click here!